Incomplete list of publicly announced layoffs & shutdowns:
Switzerland based Too Big to Jail UBS Wealth Americas (formerly known as PaineWebber) announced they will kill 75 jobs in the United States. It’s blamed on the demise of Switzerland as a tax haven for the filthy rich.
Speaking of UBS, they declared that there’s no way Radio Shack can prevent itself from going bust.
Connecticut: After 15 years Anna Donte Italian Restaurant shutdown. After 41 years consignment shop The Silk Purse shutdown.
Florida: Miami-Dade County reminded everybody that 400 cops will lose their jobs in the Autumn! Of course the tax loving Police Benevolent Association union claims county law enforcement is already short staffed. County officials need to reduce next year’s payroll by $9.5-million USD, due to crashing tax revenues and increased insurance costs caused by Obama Care. In Pasco County, military optical systems maker (federal taxsucker) VLOC shutting down and laying off at least 70 employees. Local analysts said the county will lose $5.7-million when the company shuts down.
Hawaii: Simply Organized shutdown its first store located in Kapolei.
Kentucky: In Louisville, Incredible Dave’s arcade finally shutdown. Apparently the owner just couldn’t pay his back due taxes. In 2012 he made this ‘famous last words’ statement: “We’re back on our two feet, and we will be here long term.”
Michigan: After five years cooking school Ann Arbor Cooks shutdown. DPM Manufacturing chapter 11 bankrupt busted. eTel-Rx chapter 11 bankrupt busted. Hard Luck Candy vodka company ceasing operations. Detroit Zen Center restaurant stopped serving lunch due “to lack of interest”.
Missouri: In Mount Vernon, the Missouri Rehabilitation Center and VA Clinic shutting down! It’s run by greedy Missouri University Health System, who basically said they’re losing money on the veteran care op. Veteran Larry Hilburn accused them of constantly short changing veterans: “There’s a lot of veterans that need more help than they’re getting!”
New Jersey: Revel Casino makes it official and will shutdown in September, nobody turned out for the bankruptcy sale! 31-hundred jobs lost!
New York: In NYC, Hotel Bedford announced they’re shutting down by November, 47 jobs lost.
North Carolina: Penguin Drive-In restaurant now chapter 11 bankrupt busted. The owners owe a lot of money to a lot of people including state and federal governments. It should be noted that bankruptcy doesn’t get rid of your debts to the government, but you can negotiate them down. This is the third attempt to file bankruptcy for the restaurant since last year, the first two attempts were thrown out of court. Lowes Food shutting down four grocery stores! Company officials said it’s necessary in order for them to build a fancy new store. Obama Care killing off the Women’s Hospital in Greensboro. The operator, Cone Health, says cost cutting forced by Obama Care means they must consolidate healthcare services into fewer hospitals.
Ohio: Dayton based Standard Register is using the U.S. Highway and Transportation Funding Act of 2014 to slash employee retirement funding by $33-million!
Oklahoma: In Tulsa, Folks Urban Market shutdown. The owner implied it was the greedy property owner saying “…some bad circumstances beyond our control….I’m very upset!”
Pennsylvania: Near Lewisburg, after 42 years Colonial Candlecrafters shutdown.
Texas: In Houston, Xerox shutting down their call center in September, 468 jobs lost! They lost their contract with Sprint.
Washington: Seattle based tech company RealNetwork killed 85 jobs. Taxsucker Boeing announced it will cut $6-billion from its military contract suppliers, which means big job losses for the contractors.
West Virginia: Yet another coal mine shuts down. Coal River Mining and Coal River Processing laying off 280 people in October! Company officials warned of more layoffs, because they’re shutting down their warehouse and business ops also. They blame a crash in the coal market and new government laws.
Wisconsin: ‘Professional’ education service Lorman Education Services killing 42 jobs in October. Company officials blame it on what I call DSS (Disappearing Student Syndrome). The privately funded education company has been laying off employees since 2009.
The U.S. Department of Labor (DoL) doesn’t count the hundreds of layoffs involving less than 50 people each, in its mass layoff reports. It also doesn’t count all the little ‘mom & pop’ businesses that shutdown. It doesn’t count people who get a severance for being laid off.
“Our ideals and principles, as well as our national security…That’s what makes America different. That’s what makes us exceptional.”-Barack Obama, 10 September 2013